A corporate crisis can happen at any point in time, however, not all crisis can be preventable as was the well-known Tylenol brand. In September 1982 a household brand consumers trust, Johnson & Johnson's Tylenol capsules captured the attention of the American public as the product was tampered and laced with poisoning. These kinds of crises undoubtedly show the importance of organizations having a crisis communication team in place to handle the barrage of media, and to communicate with all stakeholders
The main challenge for liquidity risk management, funding in times of crisis is the main reason for this problem is that most of the banks from short-term deposits funded. In addition to the facilities granted by banks to invest in assets that have a relatively low degree of liquidity. Maintaining an optimal
1972, environmental conservation is a global concern (UNEP, 1972). The Conference highlighted the importance of relating environment to development. Later, the legitimacy of this issues were formalized at a United Nations conference on environment and development (UNCED) held in Rio de Janeiro in 1992 (UNCED, 1992). The conference was convened in order to discuss on the way forward in tackling this crisis. This led to various recommendations and a framework was laid on the various measures to be undertaken
Financial crisis is defined as a situation when one or more than one institutions lose a huge or major part of their nominal values. Financial crisis can be further explained as the situation when the supply of money cannot compensate for the demand for money, which can also be explained where institutions quickly loses liquidity on its asset, caused by money that is withdrawn from the bank. Due to the growing economy all around the world, financial crisis has become a very common phenomenon across
Leadership in an Airline Crisis (2200 words) By Teo Shao Wei This topic calls for me to imagine that I am a CEO of an airline and one of my passenger aircraft crashed with 300 people on board. I am unaware if they are dead or injured. What should I do AND what should I not do? This essay looks at past case precedents where there are similar airline incidents. I will then draw valuable lessons on what a CEO should look out for during such a crisis, with particular emphasis on the Do’s and Don’ts
price can be called as reasons for this crisis. Its present state of affairs is pitiable. Fact is, we cannot
of a series of relationships between management, board, shareholders and stakeholders. Lenders and other providers of funds are more willing to provide funding when they feel safe on corporate governance. Good governance tends to reduce the cost of capital because it reflects the sense of low risk and this translates into the compliance desire for smaller return to shareholders. Good corporate governance improves performance and
significance to governments for the creation of national wealth and the insight of social objectives. The importance of companies as mechanisms for personal savings, through equity ownership and pension schemes are vital to inspire the confidence necessary for personal and corporate long-term commitment. Corporate law is critically important for the corporative divergence
In emergent crisis, cognitive behavioral therapies play a critical role in diagnosis, intervention, and coping with the emergency. Cognitive behavioral therapies are based on the action of the therapist and the client, where they agree and set goals of the therapeutic relationship and collaboration, examine them together, and restructure the process in a manner that he client is able to better regulate negative emotions and demonstrate goal congruent behavior. Central to the Cognitive behavioral
WATER CRISIS IN SELANGOR ABSTRACT ABSTRACT Water is one of the central issues in the 21st century in Malaysia. Of all the issues associated with water management, governance is considered of primary importance. This paper examines water crisis in Selangor. However, there are many areas that need improvement to achieve better governance in water management. One is to improve Government controlled water departments by ensuring their workers are well-trained and committed to excellence. 1. INTRODUCTION